DraftKings Sportsbook has announced their March Madness Betting promos. Following what looks like a wildly popular bracket challenge, DraftKings is offering up risk-free bets, tournament betting insurance, and an exclusive odds boost on Villanova.


First and second round risk-free bet up to $50


DraftKings will refund your first March Madness bet up to $50 if you lose. This is in addition to their $500 first bet match offer, which is available to all users. You must click this link to access the promo. It is available Thursday, March 21 through Sunday, March 24. It can only be used on the first two rounds of the tournament.


Sweet 16 insurance

This one is available for the third round and offers you insurance if your team is up at halftime and loses in the second half up to $50. This is essentially the same promo as the first, but only covers blown leads not any outright loss. This, too, can be combined with their standard $500 first bet match offer.


Villanova odds boost

This promo is available exclusively to Crossing Broad readers and boosts Villanova’s odds to make the Sweet 16 from +226 to +270. You must click this link to activate the odds boost and it can be combined with the $500 offer, but not the risk free and insurance bets listed here.


These promos come on the heels of DraftKings Sportbook’s $20 free bet with no deposit offer and their bracket contest.


DraftKings March Madness betting

DraftKings is offering odds on spreads, moneyline, over-under, game parlays, player props and more. March Madness betting should be a huge lift for NJ sportsbooks after a down February in terms of revenue, and DraftKings will clearly be leading the charge.


DraftKings March Madness odds

We have a compiled a complete list of odds for the NCAA Tournament at DraftKings.




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